Abstract
In this article, Ting Dong, Henrik Nilsson, and Milda Tylaite discuss how auditors can provide value to credit institutions. They specifically point to two factors; the importance of the going concern opinions in credit risk assessments and that more attention should be paid to modified audit opinions that concern internal control weaknesses (ICWs). The authors end by suggesting that a mandatory financial audit requirement for firms that receive government-guaranteed loans should be considered.